SAS® High-Performance Econometrics

Quickly develop highly accurate analytical models using all available data, not just a subset. With a distributed, in-memory architecture, models can be processed in real time – typically in minutes rather than hours.

Benefits

Seize new opportunities quickly and confidently, detect unknown risks and make the right choices by estimating models that use thousands of variables to produce more accurate and timely insights.

Estimates probability distributions for the severity (magnitude) of random events (including those with negative effects – e.g., the magnitude of damages caused by natural disasters, distributions of losses claimed under insurance policies, or the severity of disease outbreaks – as well as events with positive effects – e.g., the intermittent demand for certain products).

Estimates regression models for the scale of the severity distribution.

Provides nine different probability distributions, including the Tweedie distribution, and can automatically select the best-fitting distribution.